Member Annual Statements (MAS) are being mailed to employers, starting with the school districts. If you have not received your statements by the end of June, please contact us.
When hiring a new employee, make sure he or she isn’t already a member of the Retirement System. Members can leave public employment, but unless they terminate their Retirement System membership, it will still be active for up to seven years. But in the meantime, members aren’t able to opt out of membership when they start new employment with you, and will need to make their required contributions. You’ll also need to include their information on your monthly report. If you need to check the membership status of a new employee, please call us via our automated phone line at 1-866-805-0990; press “5” for the Employer Menu, then “2” for Member Registration, followed by “1” to confirm an employee’s membership.
The salary listings and prior years’ adjustments for the fiscal year ending (FYE) March 31, 2014 will be replaced in June with the listings for FYE 2015. Our Employer Billing unit will contact you with more information before these updated web applications are made available.
The legislation that created Tier 6 established variable contribution rates for members based on their annualized wage. This video will help you understand how rates are determined and your important role in the process.